Sankey charts were introduced in the 1870s by Russian mathematician and philosopher Léonid Vitalyevich Sankey. They are a type of flow diagram that are particularly useful for visualizing data flow, especially between different entities or departments.
Creation of Sankey Charts
Sankey charts are created using specialized software such as Microsoft Visio, Lucidchart, or any other software supporting the Sankey chart type. The software has a built-in Sankey chart template that can be used to create the chart.
Step 1: Create a new chart in the software
Step 2: Select the Sankey chart template
Step 3: Enter the required data
Step 4: Customize the chart appearance and layout as desired
Applications of Sankey Charts
Sankey charts are widely used in various industries such as finance, marketing, healthcare, and more. Here are some examples of how they can be used:
- Data Analysis: Sankey charts can be used to visualize the flow of data between different entities such as department, source, and destination. This can help in identifying data bottlenecks and areas that require improvement.
- Supply Chain Management: Sankey charts can be used to visualize the flow of goods and services between different suppliers, distributors, and end-users. This can help in identifying areas where inventory levels can be optimized for cost savings.
- Marketing Dashboards: Sankey charts can be used to visualize the flow of marketing campaigns between different channels such as social media, email, and website. This can help in identifying which channels are most effective in driving traffic and sales.
- Environmental Management: Sankey charts can be used to visualize the flow of pollutants and waste into and out of an environment. This can help in identifying areas where waste reduction and recycling can be implemented to improve sustainability.
Conclusion
Sankey charts are a valuable tool for visualizing data flow, especially in the fields of data analysis, supply chain management, marketing, and environmental management. Creating and customizing Sankey charts is easy with specialized software that comes pre-packaged with the templates and features required to create these effective flow diagrams.
SankeyMaster
SankeyMaster is your go-to tool for creating complex Sankey charts . Easily enter data and create Sankey charts that accurately reveal intricate data relationships.
